The NZD/JPY currency pair on the H1 timeframe demonstrates a clear range-bound movement between support levels at 86.50 and 87.00 and resistance levels at 88.50 and 89.50. This price action indicates a state of market indecision, with the price...
TRADING CHART ON USD CAD H1. The USD/CAD chart presented above provides a comprehensive look at the currency pair's price movements and underlying market dynamics. Observing the price action, the chart shows a clear bullish trend that began in...
GBP/USD now suffers the bounce in the Greenback and gives away its earlier advance to the 1.2300 neighbourhood, refocusing on a potential new visit to 1.2200 and possibly below.From a technical perspective, the GBP/USD pair now seems to have found...
The GBP/JPY currency pair appears to be in a consolidating phase, with the price fluctuating around the pivot point at 190.64. This level serves as a critical point for determining the direction of the market, and it’s likely that the price will...
The NZD/USD pair experienced a modest 0.30% increase on Wednesday, rising to 0.5615 after pushing past its 20-day Simple Moving Average (SMA). This slight break above the moving average could be seen as a crucial moment for bullish traders,...
